Sunday, December 22

Tag: PRO

Trane Technologies Subsidiaries to Remain in Texas Two-Step Bankruptcies
29Dec By adminNo Comments
World

Trane Technologies Subsidiaries to Remain in Texas Two-Step Bankruptcies

Dec. 29, 2023 2:04 pm ET|WSJ ProA bankruptcy judge is allowing U.S. affiliates of Irish air conditioning manufacturer Trane Technologies to remain in bankruptcy, denying a request from asbestos-injury claimants to dismiss the cases created through a controversial strategy known as the Texas Two-Step. Judge J. Craig Whitley of the U.S. Bankruptcy Court in Charlotte, N.C. issued his decision Thursday, rejecting the request to dismiss the chapter 11 cases. Trane placed subsidiaries Aldrich Pump and Murray Boiler under bankruptcy in June 2020 to handle about 90,000 asbestos-related lawsuits. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
China Central Bank to Help Boost Consumer Prices Amid Deflation Risks
29Dec By adminNo Comments
World

China Central Bank to Help Boost Consumer Prices Amid Deflation Risks

Dec. 29, 2023 1:20 am ET|WSJ ProChina’s central bank has vowed to boost consumer prices as the world’s second-largest economy is battered by tepid demand and weakening confidence.The People’s Bank of China said it would “promote price recovery from low levels and keep prices at reasonable levels,” according to a statement released late Thursday summarizing the central bank’s fourth-quarter monetary policy meeting.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Startups Are Using AI to Predict Responses to Cancer Drugs
28Dec By adminNo Comments
World

Startups Are Using AI to Predict Responses to Cancer Drugs

Dec. 28, 2023 12:01 pm ET|WSJ ProBiomedical startups are using artificial intelligence to predict the response patients will have to cancer treatments, aiming to increase the success of drugs in clinical trials and tailor therapies to individuals.As data accumulate from clinical trials and fields such as gene and protein research, AI is helping scientists sift through large volumes of information to uncover signatures that correlate with response—or resistance—to treatment. Startups are using it to predict which drugs are likely to work in clinical studies and create tests to help doctors choose treatments.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Cybersecurity in the Year Ahead: Think 2023 on Steroids
28Dec By adminNo Comments
World

Cybersecurity in the Year Ahead: Think 2023 on Steroids

Dec. 27, 2023 5:30 am ET|WSJ ProCompanies in 2023 saw rising cybersecurity threats, rising regulation and rising costs for cyber insurance, while dealing with tight budgets and a tighter labor market. The year ahead will bring no letup. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Rudy Giuliani Files for Bankruptcy After Losing Election Worker Defamation Case
21Dec By adminNo Comments
World

Rudy Giuliani Files for Bankruptcy After Losing Election Worker Defamation Case

Updated Dec. 21, 2023 1:46 pm ET|WSJ ProRudy Giuliani, the former New York City mayor and ex-lawyer for Donald Trump, has filed for bankruptcy after a court ordered him to pay nearly $150 million to two Georgia election workers for defaming them.Giuliani filed for chapter 11 in the U.S. Bankruptcy Court in the Southern District of New York on Thursday, reporting estimated assets of between $1 million and $10 million and estimated liabilities of at least $152 million.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Saudi Sports Money | National News
19Dec By adminNo Comments
Money

Saudi Sports Money | National News

State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington D.C.West VirginiaWisconsinWyomingPuerto RicoUS Virgin IslandsArmed Forces AmericasArmed Forces PacificArmed Forces EuropeNorthern Mariana IslandsMarshall IslandsAmerican SamoaFederated States of MicronesiaGuamPalauAlberta, CanadaBritish Columbia, CanadaManitoba, Ca...
Read More
Creditors Cite Poll to Question Judge’s Impartiality in Fee Dispute
15Dec By adminNo Comments
World

Creditors Cite Poll to Question Judge’s Impartiality in Fee Dispute

Dec. 15, 2023 5:48 pm ET|WSJ ProCreditors of 4E Brands say findings of a survey they commissioned support their case for Judge Marvin Isgur of the U.S. Bankruptcy Court in Houston to recuse himself from weighing in on a dispute over legal fees the maker of hand sanitizer paid its law firm.  The creditors are seeking the return to 4E Brands of fees it paid to the Jackson Walker law firm. The creditors say Isgur shouldn’t rule on their request because of his friendship and professional relationship of more than two decades with David R. Jones, a former bankruptcy judge who had been handling the company’s chapter 11 case.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Sandbrook Capital Raises $2.1 Billion to Back Climate-Infrastructure Deals
14Dec By adminNo Comments
World

Sandbrook Capital Raises $2.1 Billion to Back Climate-Infrastructure Deals

Dec. 14, 2023 6:30 am ET|WSJ ProSandbrook Capital has amassed $2.1 billion to invest in renewable-energy businesses, as the private-equity firm shifts its focus to the U.S. with its debut fund after making its first deals in Europe.The Stamford, Conn.-based clean-energy investor wrapped up its Sandbrook Climate Infrastructure Fund I with $1.5 billion, or 50% more than its initial $1 billion goal. The firm also collected slightly over $600 million for related co-investment vehicles, said Kenneth Ryan, a Sandbrook partner. Roughly 35 investors backed the fund, he said. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Philippine Central Bank Stands Pat on Rates
14Dec By adminNo Comments
World

Philippine Central Bank Stands Pat on Rates

Dec. 14, 2023 2:28 am ET|WSJ ProThe Philippine central bank left its benchmark rates unchanged Thursday, saying the risk of higher inflation in the populous Southeast Asian nation will remain into 2024.The Bangko Sentral ng Pilipinas said it would keep its overnight reverse repurchase rate steady at 6.50%, in line with the unanimous expectation of analysts polled by The Wall Street Journal. It held its benchmark lending rate at 7.00%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More